Hiring falls during a recession, but it has continued to fall during this "recovery." Amazingly, we are 4 years into the "recovery" and monthly hiring over the last three months is still slightly lower than it was during the recession. Who would have thought that was possible?
Quits over the last three months are also still lower than during the recession. To put it simply, people are apparently more afraid of quitting their jobs now than they were during the recession.
This data is from the BLS.gov JOLTS data.
Monday, September 2, 2013
Hiring and Quits have both still lower than they were during the recession
Posted on 11:34 PM by Unknown
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